Yoon Seong-ho, center, co-founder and CEO of MakinaRocks, poses with officials from the Korea Exchange (KRX) and brokerage industry representatives during a listing ceremony for the company’s Kosdaq debut at the KRX building in Seoul, Wednesday. Courtesy of KRX
A former researcher at Samsung Electronics has successfully taken his physical artificial intelligence (AI) company MakinaRocks to the Kosdaq.
The company, co-founded in 2017 by Yoon Seong-ho, also known as Andre S. Yoon, debuted on the tech-heavy market on Wednesday, soaring fourfold from its initial public offering (IPO) price on its first day of trading.
After earning a PhD in physics from the Massachusetts Institute of Technology, he worked as a semiconductor researcher at Samsung Electronics and as a machine learning manager at SK Telecom before launching MakinaRocks.
MakinaRocks provides physical AI solutions powered by “Runway,” an enterprise AI operating system designed for industrial environments, earning the company the nickname “Korean Palantir Technologies.”
